The COLC is causing more financial stress for female employees, with 48% of them experiencing 'very' or 'somewhat' stress compared to less than 1/3 of male employees.
Financial stability has become an essential component of overall health and wellbeing. It can affect people's mental and physical health and significantly impact performance and concentration levels in the workplace.
Seven in 10 (72%) UK employees admit out-of-pocket work expenses are impacting their personal finances, while six in 10 (61%) feel anxious as a result of having to cover business spend.